Cenntro Electric Group Limited Announces Approval of the Scheme of Arrangement by the Supreme Court of New South Wales
FREEHOLD, N.J.–(BUSINESS WIRE)– Cenntro is pleased to announce that the Supreme Court of New South Wales, Australia (the “Court“) made orders approving the proposed Scheme on Friday, February 16, 2024 (Australian Eastern Daylight Time, “AEDT“). Cenntro further confirms that it has today lodged an office copy of the orders made by the Court approving the […]
Fisker Receives Continued Listing Standard Notice From NYSE
The Company’s common stock continues to trade on the NYSE under symbol “FSR” LOS ANGELES–(BUSINESS WIRE)– The NYSE notice does not result in the immediate delisting of the Company’s common stock from the NYSE. In accordance with applicable NYSE rules, the Company intends to notify the NYSE within 10 business days of its intent to […]
Fisker Signs New Dealer Partners in US as Strategic Business Shift Continues
Fisker has now signed four dealer partners in the US, with additional signings expected in the coming weeks. New dealers signed are Ourisman Fisker, Classic Fisker, and Long Island Fisker, in addition to the previously announced Mills Automotive Group. Collectively, these dealers will be selling vehicles in North Carolina, South Carolina, Georgia, Maryland, New York, […]
Breaking Down Brakes: AAA finds reverse AEB not ‘foolproof’; stresses importance of correct ADAS repairs
Toronto, Ontario — The American Automobile Association (AAA) has found through testing that reverse automatic emergency braking (AEB) isn’t foolproof. AAA engineers specifically wanted to test to see how reverse AEB with cross-traffic intervention performs when drivers backed out of a parking space and into the path of an oncoming vehicle with an adjacent parked […]
Pothole Palooza: MPI sees jump in pothole-related claims; 249 claims received since start of 2024
Winnipeg, Manitoba — According to Manitoba Public Insurance (MPI), it has received 249 pothole-related claims since the start of 2024. The Crown corporation further notes that 161 of these claims were reported in the first 11 days of this month. This number is a distinct increase from the previous year in which MPI received a […]
Tuesday Ticker: Tesla rakes in regulatory credit cash from other automakers; Stellantis sees significant profit drops
Toronto, Ontario — It’s eyes on automakers in this weekly Tuesday Ticker as Tesla rakes in cash from other automakers, while Stellantis reveals that profits fell 10 percent in the latter half of 2023 due to United Auto Workers strike action. Regulatory revenues Tesla continues to earn funds in regulatory credit revenue, despite the OEM’s […]
EV/AV Report: Self-Driving vehicle attacked; while Chrysler looks to the stars
Toronto, Ontario — In this weekly electric and autonomous vehicle report, Waymo’s self-driving vehicle was set on fire. Meanwhile, Chrysler reveals its latest new electric concept car. Waymo on fire In San Francisco, on the evening of February 10, a crowd vandalized a Waymo self-driving vehicle by setting it on fire with a firework around […]
30 Years Strong: CARSTAR Canada celebrates anniversary
Toronto, Ontario — CARSTAR Canada has announced that it is celebrating its 30th year of Canadian business. CARSTAR Canada was first brought to Canada in 1994 with the opening of its first business in Hamilton, Ontario. “CARSTAR has become an institution across the country because it’s core is rooted in community and we are committed […]
Permit Protests: Nova Scotia NDP calls on province to scrap ‘unnecessary’ vehicle inspections and permit fees
Halifax, Nova Scotia — The New Democratic Party (NDP) in Nova Scotia have recently called on the government to waive fees for vehicle permit renewals as well as reconsider vehicle inspection timelines. Currently, vehicle permit renewals typically range between $150 and $300, and take place every two years depending on the type of vehicle plate. […]
Beat That: Polestar and Hot Wheels launch 2024 design contest; create your own Hot Wheels design
Toronto, Ontario — Polestar has teamed up with Hot Wheels for its 2024 design contest in which the winning design will be turned into a die-cast model to join the toymaker’s catalogue. As with previous iterations of the design contest, this year’s design challenge is encouraging participants to look to the future. Polestar wants entrants […]
